...be, and he is hereby, anthorized and empowered to borrow a sum not exceeding eighty thousand dollars at a rate of interest not exceeding ten per cent, per annum, and to issue bonds or certificates of indebtedness therefor payable within twelve months after the...

...Masonic Temple Association of Alabama, whether in or out of this State, for the loan of said money at a rate of interest not exceeding ten per cent, per annum, shall be legal, and be enforced as to principal and interest according to the terms agreed upon. Approved,...

...year, and the remaining four thousand dollars of which sum for a term not exceeding two years, and all at a rate of interest not exceeding ten per cent per annum ; and to execute the bonds of said city therefor, under the seal of said city, at such times and in...

...or compensation." it is argued, however, that as the city was only authorized by law to borrow money at a rate of interest, not exceeding ten per cent, per annum, the money can not be recovered back, because a sale of the bonds involved an obligation to pay interest...

...due and unpaid at the time this act shall go into effect, upon such bonds, by the issue of new bonds, at a rate of interest not exceeding ten per cent per annum, and for such sums each, and for such a length of time as the board of supervisors, the township board,...

...improving the same, it shall be lawful for the board of education of any township, to borrow money at a rate of interest not exceeding ten per cent per annum, and issue bonds therefor, in sums not less than one hundred dollars; which bonds shall be executed...

...the amount authorized to be levied and collected, a3 provided and mentioned in the preceding section, at a rate of interest not exceeding ten per cent, per annum, and to appropriate the amount so borrowed for the purposes mentioned in section one of this act. SECTION...

...compensation." It is argued, however, that, as the city was only authorized by law to borrow money at a rate of interest not exceeding ten per cent per annum, the money cannot be recovered back, because a sale of the bonds involved an obligation to pay interest...

...compensation." It is argued, however, that, as the City was only authorized by law to borrow money at a rate of interest not exceeding ten per cent per annum, the money cannot be recovered back, because a sale of the bonds involved an obligation to pay interest...

...contract for interest. It is argued, however, that, as the city was only authorized by law to borrow money at a rate of interest not exceeding ten per cent, per annum, the money cannot be recovered back, because a sale of the bonds involved an obligation to pay interest...